[45555] in Cypherpunks
Re: Political Cleanup program
daemon@ATHENA.MIT.EDU (Greg Broiles)
Mon Dec 18 01:08:54 1995
Date: Sun, 17 Dec 1995 21:53:41 -0800 (PST)
To: jim bell <jimbell@pacifier.com>
From: Greg Broiles <gbroiles@darkwing.uoregon.edu>
Cc: cypherpunks@toad.com
At 07:35 PM 12/17/95 -0800, you wrote:
>Here's a question I have never heard anyone else ask (or answer!). "What is
>the purpose of a PAC?
>
>To be more specific, a PAC simply seems to be a funnel through which
>individual donations flow; why do we need a PAC? Is it to keep records of
>"who's naughty and nice"? Any contribution that can be made by a PAC could
>just as easily be made by one individual.
PACs are to politics what mutual funds are to investing - that is, a
mechanism for investors to diversify their holdings, and to allow for the
managers of those holdings to use their expert/specialized knowledge to
achieve better returns (at the cost of some frictional skimmings-off) than
individuals would on their own.
But I'm not sure what this has to do with C-punks any longer.
--
"The anchored mind screwed into me by the psycho- | Greg Broiles
lubricious thrust of heaven is the one that thinks | gbroiles@netbox.com
every temptation, every desire, every inhibition." |
-- Antonin Artaud |
